At least three companies are exploring in Guyana for rare earths—a little-known class of elements found in a wide range of gadgets and consumer goods.
The main companies exploring for rare earths are Prometheus Resources, Pharsalus, and RPM Exploration and these are active and have been granted Prospecting Licences, Minister of Natural Resources and the Environment, Robert Persaud told Stabroek News.
“Rare-earth elements” (REEs) are so named because they are not found in heavily-concentrated deposits. They are used to build a wide range of computerised products, from cellphones to